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|   | (b) | If Lessee’s inspection of the Aircraft shows that the Aircraft does not fulfill the Delivery Condition Requirements, Lessor, at its cost and expense, will correct any Defects
and make the Aircraft available for re-inspection by Lessee provided that, in Lessor’s reasonable and good faith opinion, it is not commercially impracticable or prohibitively expensive to correct the Defect.  |

  




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| --- | --- | --- |
|   | (c) | If Lessor notifies Lessee that it does not intend to correct the Defect, either party may terminate the Lease.  |

  

 If the Aircraft has been purchased from Lessee (or a Lessee Affiliate) by Owner and
immediately leased back by Lessor to Lessee, then in respect of the leasing of the Aircraft (i) the provisions of this Section 2 shall not apply, (ii) Section 5.7(c)(iv) of the CTA shall be deleted in its entirety and replaced with the following:
“(iv) a Tax imposed with respect to the period, or an event occurring, after the expiration or termination of the Lease (other than a termination by exercise of remedies in accordance with Section 13.2 after the occurrence of an Event of
Default), the return or purchase of the Aircraft by Lessee and the payment by Lessee of all amounts payable by it under the Lease, except, in any case, to the extent such Tax arises from an event occurring or circumstance existing during the Term or
is otherwise imposed with respect to the Term”, and (iii) Section 10.1(c)(iv) of the CTA shall be deleted in its entirety and replaced with the following: “[Intentionally Omitted]”.